Brokerages Set Badger Infrastructure Solutions Ltd. (TSE:BDGI) Price Target at C$77.14

Badger Infrastructure Solutions Ltd. (TSE:BDGI) has earned an average rating of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is C$77.14.

BDGI has been the topic of a number of recent research reports. National Bankshares set a C$84.00 target price on Badger Infrastructure Solutions and gave the stock an “outperform” rating in a research note on Thursday. TD Securities upped their price objective on Badger Infrastructure Solutions from C$70.00 to C$83.00 and gave the company a “buy” rating in a report on Friday, November 7th. Raymond James Financial cut Badger Infrastructure Solutions from an “outperform” rating to a “market perform” rating and increased their price objective for the stock from C$60.00 to C$72.00 in a research report on Wednesday, October 22nd. BMO Capital Markets lifted their target price on Badger Infrastructure Solutions from C$55.00 to C$60.00 in a report on Friday, October 10th. Finally, Stifel Nicolaus boosted their target price on shares of Badger Infrastructure Solutions from C$86.00 to C$88.00 in a research report on Monday, November 10th.

Badger Infrastructure Solutions Stock Performance

Shares of BDGI stock opened at C$72.81 on Thursday. Badger Infrastructure Solutions has a 52 week low of C$33.62 and a 52 week high of C$76.32. The company has a market capitalization of C$2.46 billion, a price-to-earnings ratio of 40.01 and a beta of 0.98. The company has a 50-day simple moving average of C$68.40 and a 200 day simple moving average of C$57.27. The company has a debt-to-equity ratio of 92.49, a quick ratio of 1.49 and a current ratio of 1.73.

Badger Infrastructure Solutions (TSE:BDGI) last released its quarterly earnings results on Wednesday, November 5th. The company reported C$0.86 earnings per share for the quarter. Badger Infrastructure Solutions had a net margin of 5.71% and a return on equity of 16.64%. The firm had revenue of C$330.48 million for the quarter. On average, sell-side analysts predict that Badger Infrastructure Solutions will post 3.3008403 earnings per share for the current year.

Badger Infrastructure Solutions Company Profile

Badger Infrastructure Solutions Ltd is North America’s provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank.